Energy solutions firm reports profits

An energy company that provides solutions for homeowners and tenants has recorded a ten per cent rise in profits over the last six months.

Charles Berry, chairman of eaga, which runs the government's Warm Front scheme, said the business is performing well despite the problems in the economy.

"It is encouraging that the focus on the environmental agenda and the drive towards a low carbon economy has gathered further momentum over the period,"he said.

His comments come after energy efficiency has become increasingly topical in the private-rented sector due to the launch of the government's energy performance certificate (EPC) scheme in October.

This requires private landlords to provide would-be renters with important energy information about the property, which would indicate its potential fuel bills.

Rented accommodation owners could be feeling the pinch while the economy is in recession, but the government's Landlords Energy Saving Allowance provides financial assistance to landlords looking to invest in making their portfolios more energy efficient.